
Restoration Hardware Invests $105M in Aspen Portfolio
Restoration Hardware (RH), a curator of design, taste and style in the luxury lifestyle market, announced it is making an initial equity investment of approximately $105 million in connection with real estate development initiatives in Aspen. The investment includes properties that will be developed into retail locations, hospitality concepts, residential …

McWhinney Acquires Hotel Indigo
It was announced on Friday that The Hotel Indigo in LoDo has sold to Colorado-based McWhinney. The hotel sale, brokered by Cushman & Wakefield, closed for $38.5 million, according to property records. Hotel Indigo Denver offers 180 rustic-luxe guestrooms – all featuring hardwood floors, polished concrete ceilings, sliding barn doors …

East West Hospitality Awarded Management Contract for The Charter at Beaver Creek
Property management company East West Hospitality has been awarded the management contract for The Charter at Beaver Creek. The Charter is a luxury resort with 150+ individually owned one to five-bedroom condominiums. This distinctive property, named a Top Colorado Resort by Conde Nast Traveler, delivers memorable experiences through its 24-hour front desk, concierge …

Urban Villages Unveils Design for Striking New Mixed-Use Building at 14th and Court in Denver
Urban Villages, a Denver-based real estate firm that focuses on long-term value creation, in partnership with world-renowned architecture practice Studio Gang, revealed the design of a new 145,000-gross-square-foot, 13-story mixed-use building – known as “Populus” – located at 14th Street and Colfax Avenue, immediately adjacent to Civic Center Park. Populus is designed to reenergize …

Denver Developer Proposes Large Mixed-Use Project Near DIA
According to a concept plan submitted to the City of Denver, Denver-based developer The Pauls Corporation is proposing to construct a mixed-use development consisting of 1,175 units of for-rent apartments and townhomes, as well as 60,000 square feet of retail and hotels, on a 60.1-acre parcel of land at the northeast intersection …

McGregor Square Hotel On Track to Open Spring 2021
According to Sage Hospitality Group, The Rally Hotel, McGregor Square’s exciting new anchor development, is anticipated to be complete and open to guests Spring 2021. Designed from the ground up to embody both the state’s pioneering past and her brilliant future, The Rally is poised to be the go-to gathering …

Colorado Leads the West for Commercial Bankruptcy Filings
According to the Denver Post, a report from Resolute Commercial Services finds that Colorado leads other states in the Mountain West for the most medium sized company bankruptcy filings. Across nine states, Resolute counted 60 business bankruptcies by firms with $1 million or more in liabilities. 28 percent were in Colorado. Businesses in the real estate …

Dairy Block Welcomes New Retail Tenants, Hosts Holiday Market
Proving that retail is most certainly not dead during the pandemic, McWhinney, Sage Hospitality and Grand American, Inc., recently welcomed some exciting new retailers at Dairy Block — LoDo’s beloved micro-district that’s home to eclectic retailers featuring local boutiques & top national brands — and will host a holiday market in the Alley …

Former Macaroni Grill in Greenwood Village to be Redeveloped
Verdad, a national real estate development & construction company, has purchased the former Macaroni Grill restaurant property at 7979 Arapahoe Road, Greenwood Village, for $3.2 million. The company plans redevelop the property, which consists of a 7,418-square-foot building situated on a 1.86 acre lot directly on Arapahoe Road. Drew Isaac with Marcus & Millichap had …

Rising to the Challenge in Crisis: How Developers Can Strengthen Community Togetherness
By Celeste Smith Developers are highly invested in the wellbeing of the projects they create, the businesses and residents they serve and the communities in which we all live, work and play. When impacts of the global COVID-19 pandemic resulted in widespread uncertainty, it was crucial for developers to rise to the challenge …